EPISODE · Sep 5, 2024 · 37 MIN
From Stem Cell Research and Engineering to Buying Apartments and Assisted Living Facilities: Early Retirement with Lauren Jacobs
from The Side Hustle and Business Show with Eric Lindsey · host Eric Lindsey
Guest: Loren Jacobs, Co-Founder of Arrows Capital GroupProfile: Loren Jacobs is a seasoned commercial real estate professional with over a decade of experience. He holds equity in 750+ units, including 207 licensed CBRF beds, and manages assets totaling more than $100 million.Episode Highlights:Background:A fifth-generation real estate expert, Loren began his career with a single-family rental in high school, gaining early experience in property management.Expanded into multifamily and commercial real estate while working a traditional job.Career Transition:Shifted from stem cell research to steam engineering, balancing a demanding job with growing his real estate portfolio.Invested in learning through books, seminars, and networking, which facilitated his entry into commercial real estate syndication.Syndication Focus:Specialized in underwriting and networking; established a weekly meetup and underwrote over 100 deals for practice.Secured partnerships by offering free underwriting services to gain experience.Arrows Capital Group:Co-founded with a partner to manage a senior living portfolio, focusing on high-barrier, low-competition markets.Transitioned to senior living in 2021 due to market saturation in multifamily real estate.Deal Structure:Utilizes bridge financing and refinances with HUD loans for stability.Emphasizes day-one cash flow and maintains conservative financial reserves.Recent Deal: Recently closed on an assisted living portfolio with day-one cash flow and equity, utilizing a bridge-to-HUD financing strategy for long-term stability.Moonlight Coaching Tips:Advice for New Syndicators: Understand the fundamentals, legalities, and deal structures. Be willing to work for free to gain experience and add value.Balancing Business and Life: Prioritize time management and make necessary sacrifices to balance education and real estate work.Starting in Assisted Living: Learn about both multifamily and senior living operations, find a mentor, and offer value before expecting returns.Passive Investing Benefits: Allows you to learn from experienced operators while earning returns and enjoying financial benefits.Book Recommendation: The Go-Giver by Bob Burg – A short but impactful book that highlights the importance of a service-based mindset in business.Contact Loren: Reach out via email: [email protected]: https://ericlindseyml.com/Click On The Link Below To Schedule A Call With Eric:https://calendly.com/moonlightequitiesgroup/scheduled-conversationClick On The Link Below For More Information About Eric Lindsey:https://linktr.ee/ericlindsey
Embed this episode
NOW PLAYING
From Stem Cell Research and Engineering to Buying Apartments and Assisted Living Facilities: Early Retirement with Lauren Jacobs
No transcript for this episode yet
Similar Episodes
No similar episodes found.
Similar Podcasts
No similar podcasts found.